Grain Prices in the EU Decline Due to Record Harvests and Geopolitical Influences

The European grain market is under significant price pressure. According to experts, this is due to a number of key factors that are influencing price trends in November 2025.

This is reported by AgroReview

Record Global Harvest and Collection Dynamics

One of the main reasons for the decline in grain prices is the exceptionally high harvest of wheat and corn worldwide. This creates an oversupply that puts pressure on the value of grain crops. In the Southern Hemisphere, particularly in Australia and Argentina, wheat harvesting is currently in full swing. The Grain Association of Western Australia recently raised its wheat production forecast by 0.42 million tons to 13.05 million tons, compared to 12.45 million tons last year. Western Australia traditionally accounts for about one-third of the country’s total wheat production. In Argentina, according to the Buenos Aires Grain Exchange (BAGE), as of November 19, wheat harvesting has been completed on 20% of the area, slightly lower than the 29% for the same period last year.

Impact of Currency Exchange Rates and Geopolitics

Additional influence on the market is caused by fluctuations in currency exchange rates and geopolitical factors. The weakening of the euro against the dollar has not provided sufficient support for wheat prices. As a result, the decline in grain prices is being recorded not only in European markets but also on many exchanges in various parts of the world — both in the Northern and Southern Hemispheres.

Grain prices remain under pressure, which, according to industry experts, is due to several reasons

Thus, due to a combination of high harvests and the influence of currency and political factors, grain prices in the EU continue to show a downward trend.